Hyundai has announced its plans to concentrate on electric vehicles (EVs) in India by investing INR 20,000 crore to enhance its facility in Tamil Nadu. This move reflects Hyundai’s commitment to the growing demand for EVs in the Indian market. The investment will be utilized to upgrade the manufacturing plant and establish an EV-specific production line, boosting the company’s EV production capacity. Hyundai aims to introduce more electric models and contributes to India’s vision of becoming a global EV production and export hub. The decision aligns with the Indian government’s push for a cleaner and sustainable transportation ecosystem.
